In Regard to Outsourcing, the MOST Effective Way to Avoid

question 42

Multiple Choice

In regard to outsourcing, the MOST effective way to avoid problems with schedules and deadlines is to

• A)Develop detailed schedules.
• B)Hold frequent status reviews.
• C)Add a penalty clause to the contract.
• D)Hold frequent conversations with the outsourcer.
• E)Build extra time into the schedules that the outsourcer is not aware of.

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Definitions:

Rate of Return

The percentage gain or loss on an investment over a specified period, reflecting the income and appreciation of an investment.

Average Cumulative Investment

The total sum of all investments made over a period of time, divided by the number of investments.

Retail Store

A business establishment that sells goods to consumers, typically in small quantities.

Rate of Commission

A specific percentage of the sales amount or profit given to an agent or employee as part of their compensation.